Even though online television and streaming services have become very popular, television is still a big part of households across the globe. In fact, revenue for global television actually increased by 5% to $350 billion in 2014. This growth is being led by subscription TV revenues climbing by 5.4% to $179 billion (a little over half of the complete global television revenue).
Television is still the number one source of news for people worldwide. 53% of people choose television as their go-to-source for getting their news. Compare this to those sourcing their news from search engines such as Google, Bing and Yahoo (at 38%) and those utilizing the news feeds of popular social media platforms such as Facebook and Twitter (at 33%).
For more fasts facts on the future of television, how the Millennial generation is watching television and a snapshot of television viewing around the globe; see the below infographic created by Frame Your TV.